Features

Insurance Research Council Finds Personal Auto Insurance Affordability Better Than in the 2000s

According to a new report from the Insurance Research Council, auto insurance is more affordable now than at the start of the 21st century. The IRC, an affiliate of The Institutes, concluded that the average expenditure for auto insurance–as a …

Delivery Company Must Repay $2M for Workers’ Comp Scheme

A Los Angeles, California, couple was sentenced after an investigation reportedly found they underreported more than $21 million in employee payroll for their delivery companies. John Nemandoust, 70, was sentenced to 60 days in county jail, and Annette Assil, 62, …

Tariffs Will Lead to 2M Fewer Auto Sales in US This Year, Firm Forecasts

U.S. and Canada auto sales could decline by 1.8 million vehicles this year and be stagnant over the next decade if the global trade war escalates, a Detroit-area automotive advisory firm forecasts. If the current tariffs stay in place until …

AccuWeather: Severe Storms in Central US Cause $80-$90B in Damages, Economic Loss

A multiday severe weather outbreak in the central U.S. caused an estimated $80 billion to $90 billion in total damage and economic loss, according to a preliminary estimate from AccuWeather. From April 2 to April 6, a rare weather system …

Small Businesses Continue to Be Underserved by Cyber Insurers: CyberCube Report

Cyber risk analytics firm CyberCube in a report said the cyber insurance market continues to underserve small businesses although these businesses represent a significant share of the global economic output. “This protection gap presents both an opportunity and a responsibility …

Gen AI Is Shaking Up Underwriting, but Can It Replace Human Judgment?

Artificial intelligence technology has continued to evolve, and it’s affecting many areas of insurance from claims to underwriting to customer service, according to panelists at the 2025 PLUS D&O Symposium in New York City. But has the technology developed so …

Revisiting California’s Wildfires: A Personal Journey

PART TWO OF A TWO-PART SERIES In this second article in a two-part series, Journalist Russ Banham endeavors to better understand the factors behind the devastating fires in Los Angeles County and the roles that public officials, fire suppression personnel, …

Kansas’ Key Insurance Placed Into Liquidation

Key Insurance, a Kansas-based insurer specializing in non-standard auto, was placed into liquidation after a court ruled the company insolvent. The Shawnee County District Court ordered the liquidation of Key on March 31 after reviewing significant evidence that Key’s liabilities …

The Good and Bad About Being an Independent Insurance Agent

What’s so great about being a young independent agent today? Freedom, quality of life, opportunities to grow, challenges and the ability to solve them, the people and relationships built, the compensation, and, of course, the satisfaction that comes with helping …

Presence of ‘Forever Chemicals’ in Biosolids Raise Alarm for Farmers

What goes down your toilet can end up on farm fields across the United States. Biosolids, or sewage sludge, are the solid byproducts of the wastewater treatment process. Rich in nutrients, they can be used as fertilizer on agricultural fields …

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